Bankrupt truckload carrier Celadon Group plans to sell its Taylor Express unit to a company backed by Luminus Management for $14.5 million. (WSJ)
J.B. Hunt saw declining growth in intermodal business in the fourth quarter and lost $11.8 million in its freight brokerage operation. (WSJ)
Boeing again pushed back its timetable to return the troubled 737 MAX to commercial service. (WSJ)
President Trump says he would impose new tariffs on European car imports if the European Union didn’t agree to a new trade pact. (WSJ)
India and the U.S. are preparing a limited trade agreement that could be unveiled in the coming weeks. (WSJ)
Starbucks set fresh environmental targets with goals to serve more coffee in reusable cups, cut packaging waste and limit its water use. (WSJ)
Anheuser-Busch InBev has developed a machine-learning system to identify risky business partners and practices in its supply chain. (WSJ)
German authorities raided sites connected to the German subsidiary of Mitsubishi Motors, including a facility run by parts supplier Continental, in a diesel-emissions fraud probe. (WSJ)
Foxconn Technology Group Chairman Terry Gou pledged to begin production at an electronics plant in Wisconsin this year. (South China Morning Post)
Huawei Technologies is stockpiling up to a year's worth of foreign supplies for its telecom equipment business ahead of an expected toughening of U.S. sanctions. (Nikkei Asian Review)
Japan’s Ocean Network Express is considering adding more mega-container ships to its fleet. (Shipping Watch)
Port operator DP World is taking a 44% stake in inland container terminal operator Swissterminal. (The Loadstar)
Freight forwarder Kuehne + Nagel is targeting acquisitions in an expansion drive in the Asia-Pacific region. (Logistics Manager)
Illinois-based Mark-It Express Logistics acquired Spirit Trucking. (Heavy Duty Trucking)
The U.S. is delaying its ban on exports of highly enriched uranium for medical isotope production for two years. (American Shipper)
Retailer J.C. Penney is closing six of its stores across the U.S. by the end of April. (Dallas Morning News)
U.S. stationery chain Papyrus is closing all its stores and shutting down. (Retail Dive)
Amazon filed a series of international trademarks for the name ‘Amazon Pharmacy.’ (CNBC)
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